I'd use at least 8-12 months to budget for your schedule before you can even break ground.In terms of financing, I don't see how you can make it work with hard money, so your best bet is to find a partner, especially someone who has done this type of work since banks want to see a track record with experience. 

I bet that will be hard to find even with a major rehab. 1% rule is 10 Cap + or thereabouts.

I'm sure this doesn't typically happen but the guy walked through, said everything looked good and charged us $350 to write a letter to the inspector saying he certifies the concealed work. 

In Dallas, my office has covered reserved spots (mostly empty), other offices can't charge enough for low garage reserved spots.

However, the account fees, transaction fees, asset registration, check fees (some custodians even charge for both incoming and outgoing), etc. form a good chunk of money eating away potential profit. 

Would like to know the approximate fees attorneys charge to file the Sce 22-5 Notice and then the cost to obtain order for tax deed.  

They charge in the area of 35%, which is expensive, but you're really paying for the convenience when you're not in the area to manage it.

I would bet the MLS has good deals you just need to spend more time searching and act quickly. 

I know for my beach STRs we charge much more in the summer than the winter.

There's a vacant lot down the street from me that has sat for decades and I'll bet the owner just passes it down to their kids.